Pason Average Payables vs Free Cash Flow Yield Analysis

PSI Stock

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Pason Systems financial indicator trend analysis is much more than just breaking down Pason Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pason Systems is a good investment. Please check the relationship between Pason Systems Average Payables and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pason Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pason Systems Average Payables account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very week relationship.

The correlation between Pason Systems' Average Payables and Free Cash Flow Yield is 0.27. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Pason Systems, assuming nothing else is changed. The correlation between historical values of Pason Systems' Average Payables and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Pason Systems are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Average Payables i.e., Pason Systems' Average Payables and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Pason Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pason Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pason Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Pason Systems' Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 36.1 M, while Issuance Of Capital Stock is likely to drop about 124.8 K.

	2021	2022	2023	2024 (projected)
Gross Profit	93.3M	191.7M	203.7M	113.8M
Total Revenue	206.7M	335.0M	369.3M	226.9M

Gross Profit Total Revenue

Pason Systems fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Intangible Assets	Current Deferred Revenue	Good Will
Total Assets		0.06	0.58	0.63	0.98	0.82	-0.74	0.73	0.46	0.76	0.91	-0.07	0.79	0.83	0.83	0.48	-0.07	0.22	0.71	0.28	0.92	0.14	0.27	0.57	0.78	0.54
Short Long Term Debt Total	0.06		0.18	0.08	0.01	-0.27	-0.18	-0.33	-0.11	0.21	-0.03	-0.28	0.21	-0.14	0.19	0.55	0.51	0.28	0.27	0.43	0.14	-0.18	0.34	-0.53	0.28	0.64
Other Current Liab	0.58	0.18		0.89	0.44	0.45	-0.14	0.57	0.45	0.19	0.6	-0.45	0.26	0.64	0.43	0.47	0.36	0.07	0.92	0.23	0.47	0.69	0.08	0.45	0.49	0.44
Total Current Liabilities	0.63	0.08	0.89		0.5	0.52	-0.19	0.64	0.75	0.21	0.62	-0.47	0.28	0.81	0.5	0.25	0.35	0.3	0.93	0.28	0.54	0.65	0.04	0.46	0.57	0.37
Total Stockholder Equity	0.98	0.01	0.44	0.5		0.82	-0.76	0.7	0.39	0.78	0.9	0.05	0.8	0.77	0.82	0.41	-0.16	0.2	0.57	0.26	0.91	0.03	0.3	0.55	0.75	0.5
Property Plant And Equipment Net	0.82	-0.27	0.45	0.52	0.82		-0.45	0.94	0.53	0.4	0.94	0.15	0.37	0.79	0.62	0.13	-0.24	0.09	0.49	0.03	0.57	0.32	0.06	0.84	0.58	0.21
Net Debt	-0.74	-0.18	-0.14	-0.19	-0.76	-0.45		-0.26	-0.01	-0.94	-0.5	-0.02	-0.92	-0.44	-0.81	-0.63	0.14	-0.09	-0.4	-0.28	-0.84	0.28	-0.33	-0.14	-0.69	-0.41
Retained Earnings	0.73	-0.33	0.57	0.64	0.7	0.94	-0.26		0.66	0.22	0.89	0.07	0.21	0.76	0.43	0.04	-0.07	0.1	0.55	0.09	0.45	0.5	0.02	0.82	0.52	0.15
Accounts Payable	0.46	-0.11	0.45	0.75	0.39	0.53	-0.01	0.66		-0.03	0.54	-0.31	0.02	0.67	0.27	-0.2	0.32	0.58	0.55	0.29	0.3	0.47	0.04	0.38	0.41	0.23
Cash	0.76	0.21	0.19	0.21	0.78	0.4	-0.94	0.22	-0.03		0.5	-0.07	0.98	0.43	0.74	0.68	-0.23	0.13	0.43	0.16	0.89	-0.25	0.19	0.18	0.57	0.45
Non Current Assets Total	0.91	-0.03	0.6	0.62	0.9	0.94	-0.5	0.89	0.54	0.5		-0.03	0.5	0.78	0.71	0.32	-0.09	0.24	0.64	0.21	0.69	0.34	0.19	0.73	0.68	0.48
Non Currrent Assets Other	-0.07	-0.28	-0.45	-0.47	0.05	0.15	-0.02	0.07	-0.31	-0.07	-0.03		-0.12	-0.04	-0.13	-0.35	-0.25	-0.58	-0.53	-0.07	-0.09	-0.48	0.23	0.07	0.01	-0.47
Cash And Short Term Investments	0.79	0.21	0.26	0.28	0.8	0.37	-0.92	0.21	0.02	0.98	0.5	-0.12		0.47	0.75	0.65	-0.15	0.14	0.48	0.24	0.93	-0.24	0.26	0.14	0.61	0.51
Net Receivables	0.83	-0.14	0.64	0.81	0.77	0.79	-0.44	0.76	0.67	0.43	0.78	-0.04	0.47		0.69	0.14	0.01	0.1	0.73	0.16	0.74	0.34	0.08	0.67	0.68	0.25
Common Stock Shares Outstanding	0.83	0.19	0.43	0.5	0.82	0.62	-0.81	0.43	0.27	0.74	0.71	-0.13	0.75	0.69		0.49	-0.07	0.26	0.6	0.33	0.82	0.06	0.35	0.37	0.82	0.54
Non Current Liabilities Total	0.48	0.55	0.47	0.25	0.41	0.13	-0.63	0.04	-0.2	0.68	0.32	-0.35	0.65	0.14	0.49		0.19	0.0	0.59	0.28	0.55	-0.02	0.26	-0.03	0.41	0.59
Inventory	-0.07	0.51	0.36	0.35	-0.16	-0.24	0.14	-0.07	0.32	-0.23	-0.09	-0.25	-0.15	0.01	-0.07	0.19		0.11	0.36	0.65	-0.04	0.1	0.42	-0.5	0.18	0.4
Other Stockholder Equity	0.22	0.28	0.07	0.3	0.2	0.09	-0.09	0.1	0.58	0.13	0.24	-0.58	0.14	0.1	0.26	0.0	0.11		0.25	0.27	0.17	0.21	0.11	-0.05	0.25	0.44
Total Liab	0.71	0.27	0.92	0.93	0.57	0.49	-0.4	0.55	0.55	0.43	0.64	-0.53	0.48	0.73	0.6	0.59	0.36	0.25		0.34	0.66	0.54	0.13	0.38	0.64	0.54
Property Plant And Equipment Gross	0.28	0.43	0.23	0.28	0.26	0.03	-0.28	0.09	0.29	0.16	0.21	-0.07	0.24	0.16	0.33	0.28	0.65	0.27	0.34		0.31	-0.13	0.72	-0.38	0.65	0.57
Total Current Assets	0.92	0.14	0.47	0.54	0.91	0.57	-0.84	0.45	0.3	0.89	0.69	-0.09	0.93	0.74	0.82	0.55	-0.04	0.17	0.66	0.31		-0.06	0.31	0.32	0.75	0.51
Short Term Debt	0.14	-0.18	0.69	0.65	0.03	0.32	0.28	0.5	0.47	-0.25	0.34	-0.48	-0.24	0.34	0.06	-0.02	0.1	0.21	0.54	-0.13	-0.06		-0.39	0.56	0.08	0.07
Other Current Assets	0.27	0.34	0.08	0.04	0.3	0.06	-0.33	0.02	0.04	0.19	0.19	0.23	0.26	0.08	0.35	0.26	0.42	0.11	0.13	0.72	0.31	-0.39		-0.28	0.58	0.26
Intangible Assets	0.57	-0.53	0.45	0.46	0.55	0.84	-0.14	0.82	0.38	0.18	0.73	0.07	0.14	0.67	0.37	-0.03	-0.5	-0.05	0.38	-0.38	0.32	0.56	-0.28		0.25	-0.12
Current Deferred Revenue	0.78	0.28	0.49	0.57	0.75	0.58	-0.69	0.52	0.41	0.57	0.68	0.01	0.61	0.68	0.82	0.41	0.18	0.25	0.64	0.65	0.75	0.08	0.58	0.25		0.47
Good Will	0.54	0.64	0.44	0.37	0.5	0.21	-0.41	0.15	0.23	0.45	0.48	-0.47	0.51	0.25	0.54	0.59	0.4	0.44	0.54	0.57	0.51	0.07	0.26	-0.12	0.47

Click cells to compare fundamentals

Pason Systems Account Relationship Matchups

Pason Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	437.8M	361.4M	379.9M	469.9M	487.9M	335.1M
Short Long Term Debt Total	14.8M	6.2M	7.3M	5.5M	13.0M	7.7M
Other Current Liab	43.3M	21.8M	25.5M	45.5M	39.1M	23.3M
Total Current Liabilities	58.3M	29.4M	42.5M	70.9M	55.3M	42.5M
Total Stockholder Equity	346.8M	307.1M	311.5M	386.5M	408.1M	275.8M
Property Plant And Equipment Net	118.5M	95.0M	82.3M	97.7M	121.1M	131.4M
Net Debt	(146.2M)	(143.1M)	(151.0M)	(126.5M)	(158.8M)	(150.8M)
Retained Earnings	99.8M	63.6M	72.6M	137.9M	172.9M	158.2M
Accounts Payable	8.5M	3.6M	8.6M	20.7M	14.2M	14.9M
Cash	161.0M	149.3M	158.3M	132.1M	171.8M	91.9M
Non Current Assets Total	195.8M	164.6M	153.4M	185.2M	220.0M	170.9M
Non Currrent Assets Other	(187.0M)	(158.8M)	(148.8M)	(181.1M)	4.3M	4.6M
Cash And Short Term Investments	161.0M	149.3M	158.3M	172.4M	171.8M	93.9M
Net Receivables	77.4M	44.5M	63.1M	85.8M	66.7M	64.0M
Common Stock Shares Outstanding	85.7M	84.0M	82.9M	82.6M	80.6M	86.0M
Liabilities And Stockholders Equity	437.8M	361.4M	379.9M	469.9M	487.9M	335.1M
Non Current Liabilities Total	33.1M	26.7M	29.7M	18.1M	31.6M	17.5M
Other Stockholder Equity	30.9M	33.2M	34.4M	35.3M	37.1M	20.2M
Total Liab	91.4M	56.1M	72.2M	89.0M	86.9M	60.0M
Property Plant And Equipment Gross	118.5M	95.0M	462.3M	472.6M	478.1M	502.0M
Total Current Assets	242.0M	196.8M	226.6M	284.8M	267.9M	164.2M
Accumulated Other Comprehensive Income	49.5M	45.7M	41.9M	49.1M	71.9M	75.5M
Short Term Debt	3.3M	1.9M	1.8M	1.8M	1.1M	1.1M
Other Current Assets	3.6M	3.0M	5.2M	10.9M	11.6M	12.2M
Intangible Assets	17.5M	12.2M	8.4M	6.3M	5.9M	5.6M
Good Will	33.5M	32.7M	32.6M	33.3M	32.7M	22.8M
Common Stock Total Equity	150.9M	164.7M	166.7M	164.6M	189.3M	145.3M
Common Stock	166.7M	164.6M	162.6M	164.1M	163.3M	153.9M
Other Liab	21.6M	22.5M	24.1M	14.4M	16.5M	20.4M
Net Tangible Assets	304.6M	268.0M	275.0M	350.9M	315.8M	279.9M
Other Assets	8.8M	5.8M	4.5M	4.0M	3.6M	3.4M
Deferred Long Term Liab	8.8M	5.8M	4.5M	4.0M	3.6M	3.4M
Property Plant Equipment	118.5M	95.0M	82.3M	97.7M	87.9M	112.9M
Long Term Debt Total	11.5M	4.2M	5.5M	3.7M	4.3M	3.9M
Cash And Equivalents	104.5M	108.2M	37.6M	54.5M	49.0M	71.0M
Net Invested Capital	346.8M	307.1M	311.5M	386.5M	408.1M	391.8M
Net Working Capital	183.8M	167.4M	184.1M	213.9M	212.6M	161.3M

Pair Trading with Pason Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pason Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pason Systems will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Pason Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pason Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pason Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pason Systems to buy it.

The correlation of Pason Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pason Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pason Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Pason Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Pason Stock

Balance Sheet is a snapshot of the financial position of Pason Systems at a specified time, usually calculated after every quarter, six months, or one year. Pason Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pason Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Pason currently owns. An asset can also be divided into two categories, current and non-current.

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Pason Average Payables vs Free Cash Flow Yield Analysis

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Average Payables

Free Cash Flow Yield

Pason Systems fundamental ratios Correlations

Pason Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pason Systems fundamental ratios Accounts

Pair Trading with Pason Systems

Other Information on Investing in Pason Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.98	Cash
Retained Earnings	+ 0.94	Property Plant And Equipment Net
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net
Total Liab	+ 0.93	Total Current Liabilities
Total Current Assets	+ 0.93	Cash And Short Term Investments

Cash	- 0.94	Net Debt
Cash And Short Term Investments	- 0.92	Net Debt
Total Current Assets	- 0.84	Net Debt
Common Stock Shares Outstanding	- 0.81	Net Debt
Net Debt	- 0.76	Total Stockholder Equity
Net Debt	- 0.74	Total Assets